Live Oak Private Wealth LLC Sells 10,513 Shares of Oracle Corporation $ORCL

Live Oak Private Wealth LLC cut its holdings in Oracle Corporation (NYSE:ORCL) by 17.1% during the second quarter, Holdings Channel.com reports. The fund owned 50,920 shares of the enterprise software provider’s stock after selling 10,513 shares during the period. Oracle comprises about 1.7% of Live Oak Private Wealth LLC’s holdings, making the stock its 15th largest holding. Live Oak Private Wealth LLC’s holdings in Oracle were worth $11,133,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the business. Assetmark Inc. boosted its stake in Oracle by 167.0% in the second quarter. Assetmark Inc. now owns 144,651 shares of the enterprise software provider’s stock valued at $31,625,000 after acquiring an additional 90,484 shares during the last quarter. HBK Sorce Advisory LLC boosted its stake in Oracle by 1.7% in the second quarter. HBK Sorce Advisory LLC now owns 20,370 shares of the enterprise software provider’s stock valued at $4,453,000 after acquiring an additional 343 shares during the last quarter. Premier Path Wealth Partners LLC boosted its stake in Oracle by 7.9% in the second quarter. Premier Path Wealth Partners LLC now owns 7,390 shares of the enterprise software provider’s stock valued at $1,616,000 after acquiring an additional 543 shares during the last quarter. Arkadios Wealth Advisors boosted its stake in Oracle by 12.2% in the second quarter. Arkadios Wealth Advisors now owns 39,932 shares of the enterprise software provider’s stock valued at $8,730,000 after acquiring an additional 4,357 shares during the last quarter. Finally, World Investment Advisors boosted its stake in Oracle by 8.7% in the second quarter. World Investment Advisors now owns 66,189 shares of the enterprise software provider’s stock valued at $14,471,000 after acquiring an additional 5,280 shares during the last quarter. 42.44% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

ORCL has been the topic of a number of recent research reports. Robert W. Baird initiated coverage on shares of Oracle in a research note on Wednesday, October 8th. They issued an “outperform” rating and a $365.00 price objective on the stock. Barclays increased their target price on shares of Oracle from $367.00 to $400.00 and gave the stock an “overweight” rating in a report on Friday, October 17th. BNP Paribas set a $377.00 target price on shares of Oracle in a report on Wednesday, September 10th. The Goldman Sachs Group reiterated a “neutral” rating and issued a $320.00 target price on shares of Oracle in a report on Monday, October 20th. Finally, Citigroup reiterated a “buy” rating on shares of Oracle in a report on Friday, October 10th. Three research analysts have rated the stock with a Strong Buy rating, twenty-six have assigned a Buy rating, ten have issued a Hold rating and two have assigned a Sell rating to the company. According to data from MarketBeat, Oracle has an average rating of “Moderate Buy” and a consensus price target of $323.69.

Insider Buying and Selling at Oracle

In related news, EVP Maria Smith sold 5,000 shares of the firm’s stock in a transaction on Thursday, October 23rd. The shares were sold at an average price of $280.62, for a total transaction of $1,403,100.00. Following the sale, the executive vice president directly owned 47,083 shares in the company, valued at $13,212,431.46. This trade represents a 9.60% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, Director Naomi O. Seligman sold 2,222 shares of the firm’s stock in a transaction on Friday, September 26th. The stock was sold at an average price of $288.91, for a total transaction of $641,958.02. Following the sale, the director owned 29,225 shares in the company, valued at approximately $8,443,394.75. The trade was a 7.07% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 170,769 shares of company stock valued at $50,297,667 over the last quarter. 40.90% of the stock is currently owned by corporate insiders.

Oracle Trading Down 2.0%

Shares of NYSE:ORCL opened at $275.20 on Thursday. Oracle Corporation has a 12 month low of $118.86 and a 12 month high of $345.72. The company has a quick ratio of 0.62, a current ratio of 0.62 and a debt-to-equity ratio of 3.33. The company’s fifty day simple moving average is $276.97 and its 200 day simple moving average is $224.63. The firm has a market cap of $784.54 billion, a price-to-earnings ratio of 63.70, a PEG ratio of 3.02 and a beta of 1.53.

Oracle (NYSE:ORCL) last issued its quarterly earnings data on Tuesday, September 9th. The enterprise software provider reported $1.47 EPS for the quarter, missing analysts’ consensus estimates of $1.48 by ($0.01). Oracle had a return on equity of 72.93% and a net margin of 21.08%.The company had revenue of $14.93 billion for the quarter, compared to analyst estimates of $15.04 billion. During the same quarter in the previous year, the business earned $1.39 earnings per share. The company’s revenue was up 12.2% on a year-over-year basis. Oracle has set its Q2 2026 guidance at 1.270-1.310 EPS. As a group, research analysts forecast that Oracle Corporation will post 5 EPS for the current fiscal year.

Oracle Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, October 23rd. Investors of record on Thursday, October 9th were issued a dividend of $0.50 per share. This represents a $2.00 dividend on an annualized basis and a dividend yield of 0.7%. The ex-dividend date was Thursday, October 9th. Oracle’s dividend payout ratio (DPR) is presently 46.30%.

Oracle Company Profile

Oracle Corporation offers products and services that address enterprise information technology environments worldwide. Its Oracle cloud software as a service offering include various cloud software applications, including Oracle Fusion cloud enterprise resource planning (ERP), Oracle Fusion cloud enterprise performance management, Oracle Fusion cloud supply chain and manufacturing management, Oracle Fusion cloud human capital management, Oracle Cerner healthcare, Oracle Advertising, and NetSuite applications suite, as well as Oracle Fusion Sales, Service, and Marketing.